Definition
A life insurance policy provision that calls for an additional payment, usually equal to the face amount of the insurance, in the event of accidental death. also called accidental death benefit.
This content can be found on the following page:
http://www.investorwords.com/cgi-bin/getword.cgi?id=1557&term=double%20indemnity
email to a friend
print this definition
cite this definition
link to this page
Copy and paste this HTML in your website to link to this page
'double indemnity' appears in the definitions of these other terms on BusinessDictionary.com:
accidental death clause
Related Research Articles from the InvestorGuide.com University
Disability and Long Term Care Insurance
Everything you ever needed or wanted to know about disability and long term care insurance. Disability topics include short and long term disability, and social security. Long term care topics include information on policies and why you should seriously consider this type of insurance.
Introduction to Insurance
Find out how to protect yourself by learning the basics behind insurance and what factors should be considered when purchasing insurance.
Other Types of Insurance
Think you have all the bases covered? Learn about other types of insurance, including renter's, liability, travel, car rental, mortgage protection, flight, extended warranty, and kidnap and ransom.
|
